Forex EUR/USD Daily Video, May 09, 2024

[Sive Morten]

Good morning,

Market is very slow this week, we do not have any big data releases in the US and also due celebrations of WWII victory in Europe. EUR finally comes to our 1.0725 support area. Let's keep an eye on possible patterns around it:

 

[Brett Reynolds]

Will wait for weekly Bar to close but as mentioned i think close below $1.0750 could give nice short opportunity with stop above $1.0800..!?

 

[soul rebel]

I entered long - during the BoE rate/policy, the DXY hit 5/8R on 4HR chart simultaneously as EUR testing 127/1618 butterfly extension area (highlighted in today's video) result!